The developer is responsible for delivering the project, but the purchaser must also exercise diligence. Question: Before purchasing a property from an off-plan developer, it's crucial to verify several aspects. Firstly, ensure the developer's credibility and their capability to complete the project. Additionally, check if there's a specified maximum period for project completion. Answer: Some of...
According to Property Finder, Dubai saw its highest-ever volume and value of real estate transactions in the second quarter of 2024. The Dubai real estate sector experienced a record AED 124.4 billion ($33.9 billion) in transactions during Q2 2024, as reported by Property Finder’s Market Watch digest. Data from the Dubai Land Department indicates that Dubai achieved its highest volume and value of...
A tenant does not have to give notice because the contract has a start and end date Question : My landlord issued a renewal tenancy contract valid for only eight months next year but hasn't communicated for six weeks. We haven't signed this contract and attempted to negotiate a full 12-month lease instead of the eviction date without response from him. If we wish to vacate at the end of the...
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